Touchless Sensing Equipment Market size is estimated to be USD 12.5 Billion in 2024 and is expected to reach USD 25.4 Billion by 2033 at a CAGR of 8.6% from 2026 to 2033.
The global touchless sensing equipment market was valued at approximately USD 10.5 billion in 2022 and is expected to grow at a CAGR of 9.2% from 2023 to 2030. The markets expansion is driven by the increasing demand for automation across various industries such as healthcare, automotive, and consumer electronics, where touchless sensing technologies are employed for improving user experience and operational efficiency. In particular, the automotive sectors focus on enhancing vehicle safety features through touchless systems has significantly contributed to the growth of this market. Additionally, the rising need for hygienic and contact free solutions in public places and healthcare facilities is further propelling the market’s adoption. Regionally, North America dominated the touchless sensing equipment market in 2022, accounting for approximately 35% of the global market share. The region is expected to maintain its leadership position due to the rapid technological advancements and the increasing adoption of touchless technologies in various sectors like retail, healthcare, and automotive. Europe follows closely, with significant contributions from the healthcare and automotive industries, while the Asia Pacific region is anticipated to experience the fastest growth, with a projected CAGR of 10.5% from 2023 to 2030. The rise of smart city initiatives, coupled with increasing investments in contactless solutions across the region, is expected to provide significant opportunities for market growth in the coming years. Latin America and the Middle East & Africa regions are also witnessing a steady increase in demand for touchless sensing systems, driven by infrastructural developments and rising urbanization.
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Grohe
Jaquar
Kohler
3M Cogent
Assa Abloy
Boon Edam
Stanley Access Technologies
Safran
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Touchless Sensing Equipment Market
Infrared Sensors
Ultrasonic Sensors
Laser Sensors
Capacitive Sensors
Image Recognition Sensors
Healthcare
Consumer Electronics
Automotive
Industrial Automation
Smart Home Devices
Aerospace
Retail
Manufacturing
Food and Beverage
Security and Surveillance
Touchless Switches
Touchless Faucets
Touchless Sanitizer Dispensers
Access Control Systems
Smart Appliances
Standalone Sensors
Integrated Sensors
Wearable Sensors
Embedded Sensors
IoT-Enabled Sensors
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Touchless Sensing Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Touchless Sensing Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Touchless Sensing Equipment Market, By Type
6. Global Touchless Sensing Equipment Market, By Application
7. Global Touchless Sensing Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Touchless Sensing Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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